You just celebrated your 3 year anniversary at your current job. Your annual salary history with the firm has been $36,000, $37,800, and $40,446. Next year your salary will be $42,063. What was the average annual compound rate of growth in your salary over this period?
Answer to relevant QuestionsExplain the main differences between active and passive investing, including time horizons and costs structures. Do you think analysts' efforts around the April 2012 Amazon announcement were consistent with the efficient markets hypothesis? Explain your reasoning. Define the terms alpha and beta in the context of an investment portfolio. You have the opportunity to invest in a new technology that will cost $2,000,000 (now, at time zero). The machine will generate cash flows of $1,000,000 at the end of years 1-5 and require maintenance costs of $100,000 at ...A couple is planning for retirement. Currently they have $75,000 saved. They would like to work 20 more years, and have enough saved to meet the following goals: pay themselves a retirement salary of $50,000 a year for a 30 ...
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